Daiwa Motor Transportation has entered into a capital and business alliance agreement with Daiwa House Industry and will issue 490,100 common shares to Daiwa House Industry through a third-party allotment. The funds raised are expected to be used for renovations and equipment upgrades at the properties held by the Company.
The transaction is expected to be carried out in accordance with the basic policy of maximizing the utility of the real estate held by the Company by leveraging Daiwa House Industry's expertise, while working to expand the businesses of both companies and enhance corporate value and the common interests of shareholders.
The parties will continue discussions to promote specific business alliances. If they reach an agreement on the implementation of specific business activities, they plan to enter into a separate written agreement setting out the details, terms and timing, and implement the activities accordingly.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact on the Company's consolidated results for the fiscal year ending March 2027 is currently under review. If it becomes necessary to revise the earnings forecasts or if any matter requiring disclosure arises, the Company will disclose it promptly.
| Item | Details |
|---|---|
| Name of alliance partner | DAIWA HOUSE INDUSTRY CO.,LTD. |
| Alliance partner's business activities | Detached housing business, rental housing business, condominium business, commercial facilities business, business facilities business, environmental and energy business |
| Alliance partner's location | Kita-ku, Osaka |
| Alliance partner's capital | ¥162,602 million (as of 31 March 2026) |
| Alliance partner's net sales | ¥5,202,919 million (fiscal year ended March 2024), ¥5,434,819 million (fiscal year ended March 2025), ¥5,576,861 million (fiscal year ending March 2026) |
| Alliance partner's operating income | ¥440,210 million (fiscal year ended March 2024), ¥546,279 million (fiscal year ended March 2025), ¥614,879 million (fiscal year ending March 2026) |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | The transaction is expected to be carried out in accordance with the basic policy of maximizing the utility of the real estate held by the Company by leveraging Daiwa House Industry's expertise, while working to expand the businesses of both companies and enhance corporate value and the common interests of shareholders., The parties will continue discussions to promote specific business alliances. If they reach an agreement on the implementation of specific business activities, they plan to enter into a separate written agreement setting out the details, terms and timing, and implement the activities accordingly. |
| Number of shares acquired | 490,100 shares (9.76% ownership stake after the third-party allotment) |
| Acquisition price | ¥999,804,000 |
| Shareholding ratio | Not applicable (before the capital alliance) → 9.76％（9.76 percentage points） |
| Shareholding Policy | The policy is to hold the shares long term as part of this capital and business alliance. If all or part of the shares are transferred within 2 years of the payment date, the details of the transfer must be reported to the Company in writing. |
| Date of board resolution | 9 September 2026 |
| Contract Date | 9 September 2026 |
| Share Acquisition Date and Payment Date | 25 September 2026 |
| Impact on Business Performance | The impact on the Company's consolidated results for the fiscal year ending March 2027 is currently under review. If it becomes necessary to revise the earnings forecasts or if any matter requiring disclosure arises, the Company will disclose it promptly. |
| Change in major shareholders | Niikura Fumiaki (新倉 文明) 9.36% → Daiwa House Industry Co., Ltd. 9.76%（0.40 percentage points (compared with Niikura Fumiaki (新倉 文明))） |
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The Company will use Daiwa House Industry's expertise in real estate development and utilization, as well as its business network, to enhance the value of existing properties, improve the effectiveness of renewal investments and consider future redevelopment opportunities, thereby increasing earnings capacity and asset value.